The upstream, midstream and downstream operations of the LNG value chain are analysed along with the latest trends and innovations in a new publication from ABS, reports ship management.
LNG value chain
‘Examining the LNG Value Chain’ explores the intricate production, distribution, transport and supply systems of the liquefied natural gas industry.
“LNG is already playing a leading role in the energy transition and is the fuel of choice for many owners ordering vessels today, making a useful contribution to improving their Carbon Intensity Indicator (CII) trajectory,” said Christopher J. Wiernicki, ABS Chairman and CEO.
“The LNG value chain is the subject of significant global investment and has to respond dynamically to geopolitical drivers that change the calculus in terms of demand and supply as well as new technologies and regulation. Understanding these shapers and the shifting landscape of the industry is increasingly critical for maritime operators.”
In addition to operational insights, the comprehensive paper addresses environmental factors, regulatory frameworks and efforts to eliminate or mitigate emissions.
“LNG has emerged as a transformative force in the global energy landscape, offering a cleaner and more sustainable alternative to conventional fossil fuels,” said Panos Koutsourakis, ABS Vice President, Global Sustainability. “ABS is proud to offer our industry-leading experience and research in this new report.
“By providing our insight into the ever-evolving shipping industry, exploring new technology trends and the grey, blue, green classification of LNG, we aim to shed light on the significance of LNG as a vital pillar of the global energy transition.”
The ABS publication Examining the LNG Value Chain is available for download from the ABS website.
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Source : ship management
